Ryanair Warns Lower Fares Will Continue As Profit Falls
Credit: Rob Finlayson
PARIS—Ryanair said profit fell 29% in the year to March 2019, hit by lower fares, a trend it expects will continue throughout the summer season, while the delayed arrival of the Boeing 737 MAX means its cost benefits will be later to accrue. The Dublin-based LCC reported a profit of €1.02 billion (...
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